News

Precision Strip Increases Investment, Jobs at Bowling Green Location

Gov. Matt Bevin today announced Precision Strip Inc., a metals processing company, will double its originally planned investment in Warren County to approximately $31.7 million and the creation of 31 full-time jobs. “Already an exciting project when it was originally announced, this increase in investment and job creation only adds to the positive impact Precision Strip will have on the local economy,” Gov. Bevin said. “The company has processed quality products in Kentucky for nearly 25 years, and we are [...]

Read more...

Kentucky Named Recipient of Federal Grant to Grow Research and Innovation Pipeline

The Cabinet for Economic Development will receive $125,000 from the U.S. Small Business Administration to launch a program preparing more entrepreneurs to compete for federal research and development funding. The SBA’s Federal and State Technology (FAST) partnership program funds initiatives that increase the number of proposals for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funding. With the grant, the Cabinet will establish the Kentucky Innovation Investment Program (KIIP) as a hub for attracting, assisting and maximizing [...]

Read more...

Mubea employees rewarded for developing cost-saving tool through Idea Management program

Mubea utilizes an employee incentive program, Idea Management, to encourage employees to identify process improvements within its seven plants in the Florence area. Improvement ideas can involve safety, quality, ergonomics, equipment, processes, and much more. Employees identify potential improvements and submit ideas into the program, which are then reviewed by plant committees to determine if the ideas are feasible for implementation. Mubea pays employees for their ideas. Mubea’s Stabilizer Bars plant, 6800 Industrial Blvd., was fighting issues that made it difficult to [...]

Read more...

Gov. Bevin Promoting Kentucky, Recruiting Business This Week in Japan and Republic of Korea

On an economic development trip this week to East Asia, Gov. Matt Bevin is strengthening ties with Japan and the Republic of Korea, encouraging additional job creation and investment in the Commonwealth. Gov. Bevin attended the National Governors Association (NGA) U.S.-Japan Governors Forum in Tokyo, meeting with Japanese officials and business leaders to discuss workforce development, business innovation and economic growth. Japan is Kentucky’s No. 1 foreign director investor, with nearly 200 facilities in the Commonwealth operated by Japanese-owned companies. Kentucky [...]

Read more...

Kentucky Registered Apprenticeship Summit – September 10-12

Kentucky’s Registered Apprentice Program, like many others, began in the 1930s after passage of the Fitzgerald Act, which was designed to bring protection and structure to apprenticeships. Revolving around the core sectors of construction and manufacturing, until recently the program centered in urban areas attracting limited segments of the population. With the election of Governor Matthew Bevin in 2016, and subsequent appointment of Secretary Derrick Ramsey, the program is rapidly gaining momentum and diversifying across geographic locations, sectors, and [...]

Read more...

Professional Office Space Available

The Kentucky Association of Manufacturers has premium office space available at 609 Chamberlin Avenue, Prevention Park, located in West Frankfort. Amenities include: Utilities, wi-fi and cable included Easy access to I-64 Convenient parking 24-hour access with alarmed security system Kitchen area and conference room available for use Multiple spaces available from 200-337 square feet.  Rent negotiable, based on square footage. Call 502-352-2485 today to make an appointment to see available space and get leasing information.

Read more...

Rebalancing NAFTA to Support Manufacturing

The United States and Mexico have reached a preliminary agreement in principle, subject to finalization and implementation, that supports North American manufacturing and mutually beneficial trade.  The new agreement will create more balanced, reciprocal trade that supports high-paying jobs for Americans and grows the United States and Mexican economies. RULES OF ORIGIN AND ORIGIN PROCEDURES The United States and Mexico have concluded substantive discussions on new rules of origin and origin procedures, including product-specific rules for passenger vehicles, light trucks, and [...]

Read more...

Modernizing NAFTA to be a 21st Century Trade Agreement

The United States and Mexico have reached a preliminary agreement in principle, subject to finalization and implementation, to update the 24-year-old NAFTA with modern provisions representing a 21st century, high-standard agreement.  The updated agreement will support mutually beneficial trade leading to freer markets, fairer trade, and robust economic growth in North America. INTELLECTUAL PROPERTY The United States and Mexico have reached an agreement on a modernized, high-standard Intellectual Property (IP) chapter that provides strong and effective protection and enforcement of IP [...]

Read more...

Gov. Bevin Announces Innovative Apprenticeship Partnership Between Mercedes-Benz and JCTC

Gov. Matt Bevin today announced an exciting new apprenticeship effort between Mercedes-Benz USA (MBUSA) and Jefferson Community and Technical College (JCTC) in Louisville to address the national demand for automotive technicians through the innovative Mercedes-Benz Accelerate training program. “The Mercedes-Benz partnership with JCTC will help to meet a critical and immediate need for qualified, skilled automotive technicians,” said Gov. Bevin. “This innovative collaboration with an iconic, world-class company is a perfect addition to the Commonwealth’s top-notch registered apprenticeship programs. High-tech, [...]

Read more...

Gov. Bevin Names Josh Benton Deputy Secretary of Education and Workforce Development Cabinet

Gov. Matt Bevin today announced the appointment of Josh Benton as Deputy Secretary of the Kentucky Education and Workforce Development Cabinet (EWDC). Benton will serve the cabinet with current Deputy Secretary Brad Montell. “Improving Kentucky’s workforce development is a top priority for our Administration,” said Gov. Bevin. “I am grateful for the expertise and enthusiasm Josh brings to this new role, as we continue our strong progress in equipping the Commonwealth’s citizens and employers for success.” Benton will oversee the [...]

Read more...